Cliff Asness AQR Capital Management
Cliff Asness is a co-founder of AQR Capital Management, a leading quantitative investment firm spanning equities, alternatives, and factor strategies. He is known for academic-informed research on value, momentum, and other systematic premia, as well as candid market commentary. Asness’s work bridges academic finance and large-scale institutional portfolio management.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Zoom
ZM
|
+$150M |
| 2 |
GoDaddy
GDDY
|
+$129M |
| 3 |
Wynn Resorts
WYNN
|
+$106M |
| 4 |
Assurant
AIZ
|
+$104M |
| 5 |
Centene
CNC
|
+$102M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$672M |
| 2 |
Amgen
AMGN
|
+$200M |
| 3 |
Walmart Inc
WMT
|
+$150M |
| 4 |
Super Micro Computer
SMCI
|
+$141M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$114M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.62% |
| 2 | Financials | 13.49% |
| 3 | Consumer Discretionary | 13.4% |
| 4 | Healthcare | 13.12% |
| 5 | Industrials | 12.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
Installed Building Products
IBP
$6.51B
| $5.41M | 0.01% |
20,909
+13,286
| +174% | +$2.85M |
|
952
Sally Beauty Holdings
SBH
$1.56B
| $5.4M | 0.01% |
438,885
-267,626
| -38% | -$3.35M |
|
953
ADMA Biologics
ADMA
$2.14B
| $5.39M | 0.01% |
816,953
+225,750
| +38% | +$1.23M |
|
954
Insteel Industries
IIIN
$585M
| $5.38M | 0.01% |
140,776
+7,091
| +5% | +$253K |
|
955
Element Solutions
ESI
$8.52B
| $5.38M | 0.01% |
215,288
-7,714
| -3% | -$179K |
|
956
Rambus
RMBS
$9.44B
| $5.37M | 0.01% |
86,852
+31,501
| +57% | +$1.99M |
|
957
Varex Imaging
VREX
$781M
| $5.36M | 0.01% |
296,077
+49,155
| +20% | +$902K |
|
958
EXL Service
EXLS
$5.71B
| $5.34M | 0.01% |
168,290
-61,007
| -27% | -$1.9M |
|
959
NETGEAR
NTGR
$563M
| $5.33M | 0.01% |
338,135
+101,177
| +43% | +$1.47M |
|
960
Peabody Energy
BTU
$3.4B
| $5.33M | 0.01% |
219,674
-65,618
| -23% | -$1.65M |
|
961
Amplify Energy
AMPY
$198M
| $5.3M | 0.01% |
802,048
+75,977
| +10% | +$462K |
|
|
NFBK
962
DELISTED
Northfield Bancorp
NFBK
| $5.3M | 0.01% |
545,021
-46,709
| -8% | -$512K |
|
963
TechnipFMC
FTI
$29.7B
| $5.3M | 0.01% |
210,955
+126,662
| +150% | +$2.67M |
|
964
AES
AES
$10.5B
| $5.27M | 0.01% |
301,292
+132,204
| +78% | +$2.21M |
|
965
Array Technologies
ARRY
$704M
| $5.26M | 0.01% |
352,456
+138,743
| +65% | +$1.91M |
|
966
Host Hotels & Resorts
HST
$15.9B
| $5.25M | 0.01% |
253,799
-137,758
| -35% | -$2.77M |
|
967
Tennant Co
TNC
$1.16B
| $5.22M | 0.01% |
42,922
+7,047
| +20% | +$720K |
|
|
VBTX
968
DELISTED
Veritex Holdings
VBTX
| $5.22M | 0.01% |
254,658
+48,357
| +23% | +$1M |
|
|
LOVE
969
LoveSac
LOVE
$232M
| $5.19M | 0.01% |
229,767
+54,934
| +31% | +$1.28M |
|
970
Schwab US Broad Market ETF
SCHB
$44.4B
| $5.17M | 0.01% |
254,049
+220,068
| +648% | +$4.26M |
|
|
SQSP
971
DELISTED
Squarespace, Inc.
SQSP
| $5.16M | 0.01% |
141,545
+29,512
| +26% | +$959K |
|
972
Tractor Supply
TSCO
$18.7B
| $5.16M | 0.01% |
98,700
-13,140
| -12% | -$628K |
|
973
Zymeworks
ZYME
$2.06B
| $5.15M | 0.01% |
489,502
-196,688
| -29% | -$2.18M |
|
974
Harmony Biosciences
HRMY
$2.24B
| $5.15M | 0.01% |
153,229
-26,526
| -15% | -$851K |
|
975
IES Holdings
IESC
$12.9B
| $5.13M | 0.01% |
84,406
+31,836
| +61% | +$1.53M |
|
Similar funds
Cliff Asness's Q1 2024 Portfolio in Review
As of Q1 2024, Cliff Asness held 2,547 positions worth $58.7B, up 11% from $53.1B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Cliff Asness's Q1 2024 filing shows 225 new, 1,201 increased, 957 reduced and 144 closed positions. Its largest new stake was Snap: 4,386,413 shares worth $50.4M. The largest sale was TSMC, an estimated $672M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Consumer Discretionary.
- Cliff Asness's largest Q1 2024 buy was Snap: 4,386,413 shares worth $50.4M.
- Cliff Asness added most to Zoom in Q1 2024, an estimated $150M increase.
- Cliff Asness's biggest Q1 2024 reduction was TSMC, cutting an estimated $672M.
- Cliff Asness fully exited Splunk Inc in Q1 2024, selling an estimated $9.79M.
- Cliff Asness's ten largest holdings make up 15% of its $58.7B portfolio in Q1 2024.
- Cliff Asness opened 225 new positions and closed 144 in Q1 2024.
- Cliff Asness's portfolio value rose 11% quarter-over-quarter to $58.7B.
Based on AQR Capital Management's 13F filing for Q1 2024, filed 15 May 2024.